XRP / TetherUSShort
XRP Bearish Head and Shoulders
In the wake of this week's pump I have noticed something concerning on the xrp chart. It shows this head and shoulders pattern on weekly timeframe (which makes it less likely a manipulation) and the target of it is in the range of 6-7 cents.
Different charts show me different targets when I do the measurement, but these also coincide with a previous fibonacci analysis (linked) which I did, so if we do go down there, I will be buying with both hands if I have the funds available.
Different charts show me different targets when I do the measurement, but these also coincide with a previous fibonacci analysis (linked) which I did, so if we do go down there, I will be buying with both hands if I have the funds available.
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